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HomeMy WebLinkAbout12-19-12 (2)1,50561,01,05 REV- ~ 5OO ~ OFFICIAL USE ONLY PA Department of Revenue Pennsylvania Bureau of Individual Taxes DEPARTMENT ORREVC-NUE County Code Year File Number INHERITANCE TAX RETURN _.: ... ...... PO BOX z8o6o1 Harrisburg, PA i'J128-0601 RESIDENT DECEDENT ~f ~ ~ ' ~ y ~ 7 _._. ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 172-32-1612 08052012 01011941 Decedent's Last Name Suffix Decedent's First Name MI Stimeling SR Joseph A (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number FILL IN APPROPRIATE OVALS BELOW Ci1p 1. Original Return O THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 2. Supplemental Return O 3. Remainder Return (date of death Prior to 12-13-82) O 6. Federal Estate Tax Return Required O 4. Agriculture Exemption O 5. Future Interest Compromise (date of (date of death after 7-1-2012) death after 12-12-82) ~ 7. Decedent Died Testate O 8. Decedent Maintained a Living Trust (Attach copy of will.) (Attach copy of trust.) O 10. Litigation Proceeds Received O 11. No Taxable Asset Return 9. Total Number of Safe Deposit Boxes O 12. Election to Tax under Sec. 9113(A) (Attach Schedule O.) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime ephone Numbec5 ............................................r.-., ....................................................... Ronald E. Johnson, Esq (7171 ~3c~123 ~.> ~ ~ First Line of Address 78 West Pomfret Street Second Line of Address City or Post Office Carlisle State ZIP Code ..._' C"3 R I STj~R(~F W l kt~ US Eid ~ 5 ~ ~ 1 .n ~ .,..~ W....rV y Ah.ti ~ ~ ~ ... r ;:,~~ Y `,. ~e,,, y ~.,A +~ ~ p ..y.$ r~l, ~.. .i ° - rtg f,.:W ~ °. DATEE-1?ILED MAY PA 17013 Correspondent's email address: rejohnson@pa.net Under penalties of perjury, I declare I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGN OF PERSON R SIBLE FO FILING RETURN DATE ./ l~ `~ l~"/ ~ ADDR~S c/o 78 West Pomfret Street, Carlisle, PA 17013 ~~ SIGNaKJ9~£ OF~REPAF?FR C)THF~?L'rJ4ADd` RFPR~cF~iTATniG - ...T~ Carlisle- PA 17013 Side 1 1,50561,0105 150561,01,05 %7~[ J 1505610205 REV-1500 EX (FI) Decedent's Social Security Number Decedent's Name: 172-32-1612 RECAPITULATION 1. Real Estate (Schedule A) ..... . ............. . ............... . ......... 1. 0.00 2. Stocks and Bonds (Schedule B) ....................................... 2. 0.00 3. Closely Held Corporation, Partnership or Sole-Proprietorship {Schedule C) ..... 3. 0.00 4. Mort a es and Notes Receivable Schedule D ..... 9 9 ( ) ...................... 4. 0.00 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E).... , .. 5. 20,297.23 6. Jointly Owned Property (Schedule F) O Separate Billing Requested ....... 6. 6,966.49 7. Inter-Uvos Transfers ~ Miscellaneous Non-Probate Property .. ,.....:...._ ..u...., .:,. ....... . _.._....w ...,...... 00 31 500 (Schedule G) O Separate Billing Requested....... , 7. ' , . 8. Total Gross Assets (total Lines 1 through 7) ............................. 8. ' 58,763.72 9. Funeral Expenses and Administrative Costs (Schedule H) ................... 9. ' 11,273.70 10. Debts of Decedent, Mortgage Liabilities and Liens (Schedule I) ............. . . 10. 0.00 11. Total Deductions (total Lines 9 and 10) ................................. 11. 11,273.70 12. Net Value of Estate (Line 8 minus Line 11) ............ . ........ . ........ 12. 47,490.02 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which ,.;. an election to tax has not been made (Schedule J) ....................... 13. 0.00 14. Net Value Subject to Tax (Line 12 minus Line 13) ........................ 14. 47,490.02 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .0 _ 16. Amount of Line 14 taxable at lineal rate x .0 45 47,490.02 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 15. 16. '. 2,137.05 17. 18. 19. TAX DUE ......................................................... 19.' 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 2,137.05 O Side 2 1505610205 1505610205 REV-1500 EX (FI) Page 3 Decedent's Complete Address: File Number DECEDENT'S NAME Joseph A. Stimeling, STREET ADDRESS 700 West Louther Street CITY Carlisle STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 3. Interest 283.00 14.90 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. Total Credits (A + B) (2) (3) (4) (5) 2,137.05 297.97 0.00 1, 839.08 Make check payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred .......................................................................................... ^ b. retain the right to designate who shall use the property transferred or its income ............................................ ^ c. retain a reversionary interest .............................................................................................................................. ^ d. receive the promise for life of either payments, benefits or care? ...................................................................... ^ 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. ~ ^ 3. Did decedent own an "in trust for" or payable-upon-death bank account or security at his or her death? .............. ^ 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a beneficiary designation? ........................................................................................................................ ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994, and before Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000; The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an adoptive parent or a stepparent of the child is 0 percent [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in [72 P.S. §9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. WILL OF JOSEPH A. STIMELING I, Joseph A. Stimeling, of Carlisle, Cumberland County, Pennsylvania, declare this to be my last Will and hereby revoke all prior Wills and Codicils. 1. I direct that all my just debts, funeral expenses, gravemarker and administrative expenses shall be paid from my residuary estate as soon as practicable after my death. 2. I direct that all inheritance, estate, transfer, succession and death taxes of any kind whatsoever which may be payable by reason of my death shall be paid out of my residuary estate. 3. I direct that my entire estate be distributed as follows: A. I leave my entire estate to Roy E. Stimeling. 4. I appoint Roy E. Stimeling as Executor of this my last Will. 5. The Executor of this Will shall have the power to distribute my estate in kind or in cash, or partly in either. 6. I direct that no Executor acting under this Will shall be required to enter bond in any jurisdiction. LAW OFFICES OF STEPHEN J. NOGG 19 S. HANOVER STREET SUITE 101 CARLISLE, PA 17013 IN WITNESS WH REO;,~; I have hereunto set my hand this day of - , 2009. seph A. Stimeling The preceding instrument consisting of this and one other~page was on the day and date hereof signed, published and declared by Joseph A. Stimeling, as and for his last Will in the presence of us, who at his request, in his presence and in the presence of each other have subscribed our names as witnesses hereto. LAW OFFICES OF STEPHEN J. NOGG 19 S. HANOVER STREET SUITE 101 CARLISLE, PA 17013 r~ f WITNESS ,{ ` ~ NESS ACKNOWLEDGMENT State of Pennsylvania County of Cumberland ss I, Joseph A. Stimeling, the testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my last Will; that I signed it willingly and as my free and voluntary act for the purposes therein expressed. 'seph"A. Stimeling LAS' OFFICES OF STEPHEN J. NOGG 19 S. HANOVER STREET SUITE 101 CARLISLE, PA 17013 Sworn to or affirmed a Stimeling, the Testator, this / .~ -=~~ ~ acknowled bef me by Joseph A day of ~ _ , -:~ -~ , 2009. ,-f ~. .~ ~~~ Notary Public/Attorn AFFIDAVIT State of Pennsylvania ss County of Cumberland We, -~ u f -ri ~S~'r`~i ~ ~~ S and ~ ~~~ ~ ,the witnesses whose na es are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as his last Will; that the Testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testator signed the Will as a witness; and that to the best of our knowledge the Testator was at that time 18 or more years of age, of sound mind and under no constraint r undue influence. C S orn to or affir and ~ bscribed to ore me by witnesses, this day of lL~~ ~~~ , 20 ~~ o'er ~ i~~ ,,,~,,~ --~- "'otary Public/Attorney ,~ -ooc~, rw7i,-~y wrx~c ;.~ cve2a~ soap. ~xAr,~ co.. pF. i:+ A!~~ asfr~-ut~~r~ y, xwa t? .....,o - REV-15o8 EX+ (08-12) ~~i ~pennsylvania SCHEDULE E DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Joseph A. Stimeling, Sr. 21-12-0907 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed nn Srha~nla F tt more space is needed, use additional sheets of paper of the same size. 1tl~tro~ C®y~~-~a~y, Ins. s ~MTI/~C. ~~-~.~- ~-~ ~ ~n ~ ~~~~~~ ~' ter. ~`~, Bu1cx I~ ~~ ` _' ' J ~ -..I surcx ~~~~ GMC JACK CONLEY General Sales Manager Phone (717) 243-3066 Fax (717) 249-7998 Cellular (717) 386-9971 GRAHAM MOTOR COMPANY, INC. 1402 HOLLY PIKE CARLISLE, PA 17015 TRUCKS 1402 Holly Pike, Carlisle, Pennsylvania 17x13 • Telephone 717-243-3066 • FAX 717-249-799 REV-15og EX+ (oi-io) ~ pennsyLvania DEPARTMENTOFREVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF: FILE NUMBER: Joseph A. Stimeling, Sr. 21-12-0907 If an asset became jointly owned within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME(S) ADDRESS RELATIONSHIP TO DECEDENT A• Roy E. Stimeling B. C JOINTLY OWNED PROPERTY: 600 Woodland Avenue, Mt. Holly Springs, PA 17065 ~ son ITEM NUMBER LETTER FOR JOINT TENANT DATE MADE JOINT DESCRIPTION OF PROPERTY INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY HELD REAL ESTATE. DATE OF DEATH VALUE OF ASSET ~/a OF DECEDENT'S INTEREST DATE OF DEATH VALUE OF DECEDENT'S INTEREST 1. A• 09/19/00 Regular savings account no:196980-00-Members 1st FCU 315.08 50% 157.54 2. A. 09/19/00 Checking account no: 196980-11-Members 1st FCU 1,037.00 50% 518.50 3. A. 09/19/00 Investment Savings account no: 196980-05-Members 1st FCU 12,580.90 50% 6,290.45 See Letter attached for Items 1-3 above) TOTAL (Also enter on Line 6, Recapitulation) I $ 6,966.49 If more space is needed, use additional sheets of paper of the same size. REGULAR SAVINGS ACCOUNT: Account Number/Suffix D-ate Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner Date Joint Ownership Established CHECKING ACCOUNT: Account Number/Suffix D-ate Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner Date Joint Ownership Established INVESTMENT SAVINGS ACCOUNT: Account Number/Suffix D-ate Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner Date Joint Ownership Established VISA ACCOUNT: Account Number/Sufi:tx D-ate Account Established Principal Balance at Date of Death Name of Joint Owner Cardholder LOAN ACCOUNT: Account Number/Suffix Date Opened Principal Balance Loan Type Interest Rate Name of Borrower Name of Co-Borrower '`Loan does not have life coverage. 196980-00 09/19/2000 $315.08 $.01 $315.09 Roy E. Stimeling 09/19/2000 196980-11 09/19/2000 $1,037.00 $.00 $1,037.00 Roy E. Stimeling 09/19/2000 196980-05 09/19/2000 $12,580.49 $.41 $12,580.90 Roy E. Stimeling 09/19/2000 4672090000364463 07/28/2003 $.00 None 448410-01 02/02/2012 $1,027.81 Unsecured/Contractual Pledge of Shares 9.89% Vincent J. Casey Joseph A. Stimeling M MB~ERS 1sT FEDERAL CREDIT N! `~ `~{ t \~ ~ , ~~ ~ V~ ~~,~ ~ ~ Danielle A. Kline Lending Insurance Support Specialist August 16, 2012 Estate of: JOSEPH A. STIMELING Date of Death: 08/05/2012 Social Security Number: 172-32-1612 5C100 Louise Drive P.O. Box 40 Mechanicsburg, Pennsylvania 17055 (800) 283-2328 wwwmemberslst.org RE:V-? 51o EX~t (08-G9) pennsylvania SCHEDULE G DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Joseph A. Stimeling, Sr 21-12-0907 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE} VALUE 1~ ALL THAT CERTAIN tract of land with the improvements thereon erected situated in the Fourth Ward of the Borough of Carlisle, Cumberland County, PA having thereon erected a row house known as 455 West Penn Street, Carlisle, PA 17013. See Instrument No. 201135290 Date of Transfer: 12/15/2011 Transferee: Roy E. Stimeling (son) See appraisal attached I 34,500.00 I 100 ( 3,000.00 I 31,500.00 TOTAL (Also enter on Line 7, Recapitulation) $ If more space is needed, use additional sheets of paper of the same size. 31,500.00 '. ~.f ~ _ r r F+ . . ;, ~ ~ av ~ ,~.~ ~ ~ ~ a...~~. ~ _. . .... r - „ . . n ~ , F 1 F --i l . , . i ~ Y r. 1 t _ LOCATED AT 455 W. Penn Street Carlisle, PA 17013 See Attached Legaf Description from Instrument # 201135290 FOR Estate of Joseph E. Stimeling and Roy E. Stimeling OPINION OF VALUE 34,500 AS OF August 5, 2012 BY G. Arthur Calaman Certified Residential Appraisals P.O. Box 475 Boiling Springs, Pa 17007 717-240-0920 certifiedappraisals@centurylink.net The Intended Use and Purpose of This Appraisal Is For Determining Market Value ONLY: NOT to be used for Mortgage Financing i J Form GA2V - "TOTAL 2011" appraisal software by a la mode, inc. -1-800-ALAMODE rue roo. ~ zuu ~ ~ Certified Residential Appraisals P.O. Box 475 Boiling Springs, Pa. 17007 (717) 240-0920 certifiedappraisals@centurylink.vet Date: November 16, 2012 Client: Estate of Joseph E. Stimeling and Roy E. Stimeling, Executor In accordance with your request, I have inspected, as per your instructions, and appraised the property located at: 455 W. Penn Street, Carlisle, Cumberland County, Pa. 17013. As per your instructions, the purpose of this appraisal was to determine "Market Value" in unencumbered Fee Simple Title of ownership in Retro, as of the effective Date of Death of the decedent, Joseph E. Stimeling, and was done in compliance with and as defined by "USPAP" and the Appraisal Standards Board. This report in it's entirety is intended and valid only for the use of the Client, and is invalid if copied in part or in whole by anyone other than the Client or the State Certified Appraiser named in the report. It is intended solely for the Client and / or the Intended Users to be determined by the Client at a later time if not previously disclosed at the time of assignment, and shall not be used by anyone other than those named or referenced herein. Note: This is a Summary Appraisal Report, and contains 12 pages (plus attached addenda if necessary), and any single page is invalid if detached or used separately from the entire report as originally submitted. This report was conducted and prepared with the utmost care and confidentiality and was established with no bias, special interest, or pre-determined opinion of value. Thank You for Choosing Certified Residential Appraisals Art Calaman Pa. Certification # RL- 139418 Form DCVR - "TOTAL 2011" appraisal software by a la mode, inc. -1-800-ALAMODE Certified Residential Appraisals 717-240-0920 1200112 RESIDENTIAL APPRAISAL SUMMARY REPORT FileNo.: 1200112 Property Address: 455 W. Penn Street City: Carlisle State: pA Zip Code: 17013 ~ County: Cumberland Legal Description: See Attached Le al Descri tion from Instrument # 201135290 U Assessor's Parcel #: 05-20-1796-244 w m Tax Year: 2012/13 R.E. Taxes: $ 1 562 MIL Special Assessments: $ None Known Borrower (if applicable): N/A ~ Current Owner of Record: Ro E. Stimelin Occupant: ^ Owner ®Tenant ^ Vacant ^ Manufactured Housing Project Type: ^ PUD ^ Condominium ^ Cooperative ^ Other (describe) HOA: $ N/A ^ per year ^ per month Market Area Name: Carlisle Boro 4th Ward Map Reference: 05 20-~ ass-2aa Tax Ma Census Tract: 0120 The purpose of this appraisal is to develop an opinion of: ®Market Value (as defined), or ^ other type of value (describe) This report reflects the following value (if not Current, see comments): ^ Current (the Inspection Date is the Effective Date) ®Retrospective ^ Prospective z Approaches developed for this appraisal: ®Sales Comparison Approach ^ Cost Approach Income Approach (See Reconciliation Comments and Scope of Work) Property Rights Appraised: ®Fee Simple ^ Leasehold ^ Leased Fee ^ Other (describe) ~ Intended Use: To Establish Market Value as defined by USPAP and the Appraisal Standards Board as of the effective Date of Death of the u~ decedent Jose h E. Strmelrn which was Au ust 5 2012. Q Intended User(s) (byname or type): Estate of Jose h E. Stimelin and other otential Intended Users as ma be determined b the Client at a later time Client: Estate of Jose h E. Stimelin and Ro E. Stimelin Address: clo 600 Woodland Avenue Mt Holl S rin s PA 17065 Appraiser. G. Arthur Calaman Address: P.O. Box 475, Boilin S rin s, Pa 17007 Location: ®Urban ^ Suburban ^ Rural Predominant One-Unit Housing Present Land Use Change in Land Use `. Built up: ®Over 75% ^ 25-75% ^ Under 25% Occupancy PRICE AGE One-Unit g0 % ®Not Likely Z Growth rate: ^ Rapid ®Stable ^ Slow ®Owner $(000) (yrs) 2-4 Unit g % ^ Likely * ^ In Process Property values: ^ Increasing ^Stable ®Declining ^Tenant 20K* Low 0* Mufti-Unit 5 % * To: Demand/supply: ®Shortage ^ In Balance ^ Over Supply ^ Vacant (0-5%) 393K* High 100+* Comm'I 15 % ~ Marketing time: ^ Under 3 Mos. ®3-6 Mos. ^ Over 6 Mos. ^ Vacant (>5%) 1 p0-1gp* Pred 60+* Other 12 % ~ Market Area Boundaries, Description, and Market Conditions (including support for the above characteristics and trends): Employment, mtq rates & inventories have remained fairly stable in this marketplace and although rates are fluctuating and activity is slow overall market is slow but stable ~ Appreciation has had no increase over the last 2+yrs but I haven't seen as much of a decline in values as in other parts of the nation Marketing ttme for similar properties could be up to 180 days or more ... Dimensions: 107.7x32.0 Site Area: 3,446 S .Ft. Zoning Classrfication: R 2 Residential Zoning Compliance: Description: Residential ®Legal ^ Legal nonconforming (grandfathered) ^ Illegal ^ No zoning Are CC&Rs applicable? ^ Yes ^ No ®Unknown Have the documents been reviewed? ^ Yes ^ No Ground Rent (if applicable) $ / Highest & Best Use as improved: ®Present use, or ^ Other use (explain) Actual Use as of Effective Date: Single Family Residence Use as appraised in this report: Same z Summary of Highest & Best Use: Due to location zoning and type and nature of property property is designed and best suited for single family O housing. '-- a V Utilities Public Other Provider/Description w Electricity ® ^ Gas ® ^ Water ® ^ Sanitary Sewer ® ^ Storm Sewer ® ^ Off-site Improvements Street Paved Curb/Gutter Yes Sidewalk Yes Street Lights Yes Alle Yes Type Public Private ® ^ ® ^ ® ^ ® ^ ® ^ Topography Level Size Average to neighborhood Shape Rectancular Drainage A ears to be ode uate View Residential Other site elements: ^ Inside Lot ®Corner Lot ^ Cul de Sac ^ Underground Utilities ^ Other (describe) FEMA Spec'I Flood Hazard Area ^ Yes ®No FEMA Flood Zone X FEMA Map # 42041 C 0229E FEMA Map Date 03/16/2009 Site Comments: None outstanding to be mentioned but also refer to Text Addendum Page General Description Exterior Description Foundation Basement # of Units One ^ Acc.Unit Foundation Block/Concrete Slab Area Sq. Ft. # of Stories Two Exterior Walls Brick Crawl Space % Finished Type ^ Det. ®Att. ^ Roof Surface Shin le Basement Full Ceiling Design (Style) 2 Sto Row Home Gutters & Dwnspts. Metal Sump Pump ^ Walls ®Existing ^ Proposed ^ Und.Cons. Window Type Dbl Hn Dampness ^ Floor N Actual Age (Yrs.) g2 Yrs M/L Storm/Screens Yes Settlement Outside Entry z Effective Age (Yrs.) 2- 5 Yrs M/L Infestation ~ Interior Description Appliances Attic ®None Amenities w Floors Per o/C Win I > Refri erator g ® Stairs ^ Fireplace(s) # 0 Woodstove(s) # i ~ Walls Plaster/D all Range/Oven ® Drop Stair ^ Patio None ~ Trim/Finish Wood Disposal ^ Scuttle ^ Deck None w Bath Floor Vin I Dishwasher ^ Doorway ® Porch Fit Cvrd/Rear Cvrd = Bath Wainscot N/A -- Fan/Hood ^ Floor ^ Fence None Obsrvd Doors Wood Microwave ^ Heated ^ Pool Abv Grd Washer/Dryer ^ finished ^ Finished area above grade contains: 5 Rooms 2 Bedrooms 1 Bath(s) 960 Additional features: None Known LJ None 480 M/L 0 (M/L) Rafter Block Concrete No Heating Type Fuel Cooling Central Other Car Storage ® None Garage # of cars ( Tot.) Attach. Detach. Btt.-In Carport Driveway Surface Feet of Grass Living Area Above Grade Describe the condition of the property (including physical, functional and external obsolescence): Information provided appraiser was that "Home was in poor condition, but with no actual physical functional or external obsolescence however roof needed replaced furnace and hot water heater needed replaced entirety of interior was old and dated walls had to be redone floor cover was all past serviceable use bathroom and kitchen both needed updating and renovation bath had old cast iron claw tub Needed major repair was needed to bring home up to today's market standard for average to good condition Construction is average for the area and period Copyright© 2007 by a la mode, inc. This farm may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. ~~ ~~T~L Form GPRES2 - "70TAL 2011" appraisal software by a la mode, inc. -1-800-ALAMODE 3/2007 I LVVIIG IDENTIAL APPRAISAL SUMMARY REPORT FileNo.: 1200112 ~ My research ®did ^ did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data Source(s): CCCH Assessment Records p 1st Prior Subject Sale/Transfer Analysis of sale/transfer history and/or any current agreement of sale/listing: Subject is not and has not been listed for u~ i Date: 12/15/2011 sale within the past 12 months to the best of this appraiser's knowledge Subject and comparables last Price: 1.00 transferred ownership on the dates shown and have not been resold since that time to the best of the w LL Source(s): Deed appraiser's knowledge. Last transfer was Father to Son Cad $1 00 ~ z 2nd Prior Subject Sale/Transfer Date: 10/01 /2007 f- Price: 72 000 Source(s): CCCH Assessment Record SALES COMPARISON APPROACH TO VALUE (if develo ed) ^ The Sales Comparison Approach was not developed for this appraisal. FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 455 W. Penn Street Carlisle PA 17013 155 Lincoln Street Carlisle Pa. 17013 423 N. Pitt Street Carlisle Pa. 17013 138 W. North Street Carlisle Pa. 17013 Proximity to Subject 0.59 miles E 0.54 miles E 0.16 miles SE ` Sale Price $ N/A $ 38 000 $ 27 000 $ 20 100 Sale Price/GLA $ N/A /sq.ft. $ 41.30 /sq.ft. $ 23.08 /sq.ft. $ 20.55 /sq.ft. Data Source(s) CPML &CCCH CPML &CCCH CPML 8 CCCH CPML &CCCH Verification Source(s) Owner/Ins ection Drive-B Exterior Ins ection Drive-B Exterior Ins ection Drive-B Exterior Ins ection VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +{-) $ Adjust. DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust. Sales or Financing Concessions N/A N/A Cash N/A Cash N/A Cash N/A Date of Sale/Time N/A 07/18/2012 07/06/2012 05/0312012 Rights Appraised Fee Sim le Fee Sim le Fee Sim le Fee Sim le Location Avera e to Good Less than Avera a +8 000 Less than Avera e +8 000 Avera e +5 000 Site 0.08 Acre M/L 0.02 Acre M/L +1 200 0.07 Acre M/L N/A 0.04 Acre M/L +800 View Residential Residential Residential Residential Design (Style) 2 Sto Row Home 2 Sto Row Home 2 Sto Du lex -2 000 2 Sto Row Home Quality of Construction Ave. to eriod Built Ave. to eriod Built Ave. to eriod Built Ave. to eriod Built Age 92 Yrs M/L 112 Yrs. M/L 112 Yrs. M/L 142 Yrs. M/L Condition Poor Avera e -10 000 Poor Poor Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Room Count 5 2 1 6 3 2 -2 500 6 3 1 5 2 1 . Gross Living Area 960 sq•ft. 920 sq.ft. N/A 1 170 sq.ft. -4 200 978 sq.ft. N/A Basement & Finished Rooms Below Grade Full None Partial None Known +500 Partial None Known +500 Partial None Known +500 Functional Utility Avera a Avera a Avera e Fair Heating/Cooling Gravit / No C. Air FHA/No C.Air -2 000 FHA/No C.Air -2 000 FHA/No C.Air -2 000 Energy Efficient Items None Known None Known None Known None Known c~ Garage/Carport None None None None Porch/Patio/Deck Cvrd.Prch/Cvrd.Prch Cvrd Prch +2 000 Cvrd Prch +2 000 Rear Slab Porch +3 500 a Exterior Finish Brick . Vin I +5 000 . Vin I +5 000 Brick Q Fire laces etc. None Known None Known None Known None Known ~ Fence/PooVetc. None Known None Known Fence N/A None Known Outbuildin s Etc. N/A N/A N/A N/A ~ Net Adjustment (Total) ®+ - $ 2 200 ®+ ^ - $ 7 300 ®+ ^ - $ 7 800 ~ w Adjusted Sale Price of comparables $ 40 200 .. $ 34 300 $ 27 900 Q ~ Summary of Sales Comparison Approach Appraiser searched CCCH assessment sales records as well as Multi-list sales for the best comparables to the subject property. The comparables used in this analysis were in the opinion of the appraiser the very best available at the time and having been sold within the most recent months of the past 6 months prior to the date of death as requested by client All are relative in proximity, within the same market area, and as similar as possible in nature size style and condition. Adjustments have been made where necessary to compensate for obvious differences. A modest $20 p/sq.ft was used to calculate above Around finished living area in excess of 100 sg.ft. for #2, and $20,000 p/acre or fraction thereof was used to adjust difference in situs of the block lots of #1 and #3 No adjustment was given as to age but rather condition was considered. Condition was verified by Realtor comments and multi-list interior photos or virtual tours. #1 had been remodeled in 2007 including new windows new electric service and new drywall throughout Both #2 and #3 were in need of total renovation and assumed to be in same or similar condition to the subject at the time A poll of Realtors who are familiar with Boro sales and locations revealed that the subject neighborhood being 2 blocks from the Carlisle School Complex would warrant $5,000 to $10,000 in higher value than locations of the comps. Dates of sale in the grid section are from CCCH records not MLS Indicated Value by Sales Comparison Approach S 34,500 111 Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be aclmowledged ~d3/2007 ~~~ iii Form GPRES2 - "TOTAL 2011" apnraisal software by a la mode- inr._ - 1-R00-AI AMOnF RESIDE_NTIA1 APPR~IS~I SI IMMeRV R~Dnt?T 1200112 '-'- -- - - ILVV I IL COST APPROACH TO VALUE (if develo ed) ®The Cost Approach was not developed for this appraisal. `- Provide adequate information for replication of the following cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value): The site or land value is non applicable to this report and was not considered. Appraiser will not complete a "Cost Approach to Value" on any property with an actual age of more than three (3) years. Neither the reproduction nor replacement values will in any way indicate an accurate conclusion of value in this marketplace ESTIMATED ^ REPRODUCTIONOR ^ REPLACEMENTCOSTNEW OPINION OF SITE VALUE ________________________________ _$ N/A v p Source of cost data: N/A Q lit ti f DWELLING Sq.Ft. @ $ ____ _$ ua y ra ng rom cost service: Effective date of cost data: Sq.Ft. @ $ _$ a Comments on Cost Approach {gross living area calculations, depreciation, etc.): _ __ _ Sq.Ft. @ $ _ _ _ _ _$ Q Due to the ape of the subject improvements the Cost Approach to Sq.Ft. @ $ ____ _$ ~ value was not used: This approach to value is only considered for Sq.Ft. @ $ ___ _$ O dwellings of "New Construction" or for an actual physical age of ____ _$ (usually) five years or less. It is the opinion of the appraiser that this Garage/Carport Sq.Ft. @ $ ___ _ _$ approach is inadequate and inappropriate and would not yield an Total Estimate of Cast-New _ _$ N/A accurate representation of the conclusion called for. .Market Value It Less Physical Functional External was therefore not considered. Depreciation =$( ) Depreciated Cost of Improvements ________________________ _$ "As-is"Value of Sitelmprovements _________ _ _$ _$ Estimated Remaining Economic Lrfe (if required): N/A Years INDICATED VALUE BY COST APPROACH _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ =S N/A = INCOME APPROACH TO VALUE (if develo ed) ®The Income Approach was not devel oped for this appraisal. Q Estimated Monthly Market Rent $ N/A X Gross Rent Multiplier N/A = $ N/A Indicated Value by Income Approach Summa of I A h i l di f a ry ncome pproac ( nc u ng support or market rent and GRM): See Text Addendum Page....... a d w 0 U Z PROJECT INFORMATION FOR PUDs (if a licable) ^The Subject is part of a Planned Unit Development. Legal Name of Project: This Entire Section is N/A to the subject and this re ort Describe common elements and recreational facilities: a Indicated Value by: Sales Comparison Approach $ 34 500 Cost Approach (if developed) $ N/A Income Approach (if developed) $ N/A Final Reconciliation See Text Addendum Page....... Z O g This appraisal is made ®"as is", ^ subject to completion per plans and specifications on the basis of a Hypothetical Condition that the improvements have been _' completed, ^ subject to the following repairs or alterations on the basis of a Hypothetical Condition that the repairs or alterations have been completed ^ subject to z , the fallowing required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration or repair: See Text Addendum ~ Page..... w ® This report is also subject to other Hypothetical Conditions and/or Extraordinary Assumptions as specrfied in the attached addenda. Based on the degree of inspection of the subject property, as indicated below, defined Scope of Work, Statement of Assumptions and Limiting Conditions, and Appraiser's Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that is the subject ' of this report is: $ 34,500 as of: August 5, 2012 ,which is the effective date of this appraisal. If indicated above, this Opinion of Value is subject to Hypothetical Conditions and/or Extraordinary Assumptions included in this report. See attached addenda. ~ A true and complete copy of this report contains 14 pages, including exhibits which are considered an integral part of the report. This appraisal report may not be w properly understood without reference to the information contained in the complete report. ~ Attached Exhibits: Q ®Scope of Work ®Limiting Cond./Certifications ®Narrative Addendum ®Photograph Addenda ®Sketch Addendum ®Map Addenda ^ Additional Sales ^ ^ flood Addendum ^ Manuf. House Addendum Q ®H othetical Conditions ®Extraordinar Assum tions ®Deed/ Le al Descri tion ^ ^ Client Contact: Roy E. Stimelinq 717-486-3924 Client Name: Estate of Joseph E. Stimelinq and Roy E. Stimelinq E-Mail: Address: c/o 600 Woodland Avenue Mt Holl S rin s PA 17065 APPRAISER SUPERVISORY APPRAISER (if required) ~_ ` 1 or CO-APPRAISER (if applicable) ;~' ~ /~ ~~. a Appraiser Name: G. Arthur Calarrran Supervisory or Co-Appraiser Name: ~ Company: Certified Residential(Ai?~raisals Company: rn Phone: 717-240-0920 Fax: Phone: Fax: E-Mail: certifiedappraisals(a)centurylink.net E-Mail: Date of Report (Signature): 11/16/2012 Date of Report (Signature): License or Certification #: RL- 139418 State: Pa License or Certification #: State: Designation: Pa State Certified Residential Appraiser Designation: Expiration Date of License or Certrfication: 06/30/2013 Expiration Date of License or Certification: Inspection of Subject: ®Interior & Exterior ^ Exterior Only ^ None Inspection of Subject: ^ Interior & Exterior ^ Exterior Onfy ^ None Date of Inspection: November 10, 2012 Date of Inspection: 'Vi`a ~uyynymv cuur uy a la niuue, mc. nns wrm may ue repraauceo unmoaniec wnnou<wnaen permission, OOWever, a la mOtle, mc. must De acknoWletlgetl antl creUltetl. ~ ~ ~ $ Form GPRES2 - "TOTAL 2011" appraisal software by a la mode, inc. -1-800-ALAMODE 3/2007 REV-1511 EX+ (10-04) ~ pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Joseph A. Stimeling, Sr. 21-12-0907 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1° Ewing Brothers Funeral Home 7 620.65 2 George's Flowers -funeral flowers 169.07 s Miseno Ristorante -funeral dinner 186.50 B. 1 ADMINISTRATIVE COSTS: Personal Representative Commissions: Name(s) of Personal Representative(s) Street Address City Year(s) Commission Paid: State ZIP 2. Attorney Fees: 1, 800.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.) Claimant Street Address City State Relationship of Claimant to Decedent 4. 5. 6. 7. s. 9. 10. 11. 12. ZIP Probate Fees: Accountant Fees: Tax Return Preparer Fees: Dish Network PP&L Electric PP&L Electric State Farm Insurance -auto insurance premium Verizon Wireless Calaman Appraisals -real estate appraisal 111.50 66.00 68.59 15.48 297.30 48.60 375.00 TOTAL (Also enter on Line 9, Recapitulation) I $ 10,758.70 If more space is needed, use additional sheets of paper of the same size. SCHEDULE H -continued Funeral Expenses, Administration Costs and Miscellaneous Expenses r;~ 1 a 1 ~ ~r~ FILE NUMBER Joseph A. Stimeling, Sr 21-12-0907 13. Register of Wills -filing fee $ 15.00 14. Reserve for closing and accounting $500.00 Subtotal of page 2 $515.00 TOTAL (also enter online 9, Recapitulation) .D 1 1.273.70 REV-1513 EX+ (01-10) • pennsylvania SCHEDULE DEPARTMENT OF REVENUE BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Joseph A. Stimeling,Sr. 21-12-0907 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RE oTNotSList TrOustee(D jNT AMOOF ESOTATE ARE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1• Roy E. Stimeling, 600 Woodland Avenue, Mt. Holly Springs, PA 17065 son 100% ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. II 1 NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. I $ If more space is needed, use additional sheets of paper of the same size.